UEM Edgenta, Asma Advanced to explore healthcare services business opportunities


UEM Edgenta Bhd, South-East Asia’s leading asset management and infrastructure solutions company, has signed a memorandum of business exploration (MoBE) with Asma Advanced Solutions LLC to identify strategies to capture healthcare support services and integrated facility management markets in Saudi Arabia.

Asma Advanced is jointly owned by Progressive Impact Corp Bhd and a Saudi closed joint-stock company Trade House Group Co.

In a joint statement, they said the MoBE would pave the way for future collaborations to explore and identify potential opportunities with a view to commercially craft viable business ventures in Saudi Arabia.

Through the strategic partnership, the two parties would conduct joint discussions over the next eight months and leverage the strengths of all parties to explore business opportunities.

“This marks more opportunities for us to further diversify our revenue stream as we explore new markets in Saudi Arabia, and we are excited with the prospects as we gear up towards post-pandemic recovery through our deep and varied healthcare support experiences.

“We are confident that our partnership with Asma Advanced will propel further growth in our regional expansion strategy as we move towards realising our vision, ‘Edgenta of the Future 2025’,” said UEM Edgenta MD and CEO Syahrunizam Samsudin.

Meanwhile, Asma Advanced chairman Sheikh Abdulwahab Nasser Al-Akeel said the company aspires to be the provider of choice in the realm of health and environmental solution.

“We are honoured to be collaborating with an experienced healthcare support services provider as we introduce innovative solutions to the Saudi Arabian markets,” he added. — Bernama